Builders FirstSource CEO Dave Flitman resigns; Dave Rush named interim CEO

Builders FirstSource, Inc.

Dave Flitman stepped down as President, CEO and director effective Nov 18, 2022, to accept an outside-industry opportunity.
Dave Rush, EVP and 23-year company veteran, appointed Interim CEO; Board forms special committee to find permanent successor.
Rush receives $1M annual salary, target bonus of 150% of salary, initial RSU grant of $500k, and additional $4M RSUs in Q1 2023.
Company reaffirms full year 2022 guidance as provided on November 8, 2022.
Chairman Paul Levy leads search committee; Rush previously led BMC and ProBuild integrations.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Dave Rush

Interim Chief Executive Officer

BLDR · Builders FirstSource, Inc.

Effective: 2022-11-18
Filed: November 23, 2022, 6:59 PM ET

Effective November 18, 2022, the Board appointed Dave Rush to serve as Interim Chief Executive Officer and as a member of the Board.

Departed

Dave Flitman

President and Chief Executive Officer

BLDR · Builders FirstSource, Inc.

Effective: 2022-11-18
Successor: Dave Rush
Filed: November 23, 2022, 6:59 PM ET

Effective November 18, 2022, Dave Flitman resigned from his position as President and Chief Executive Officer and as a member of the Board of Directors (the “Board”) of Builders FirstSource, Inc.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Rush was appointed as Interim Chief Executive Officer at Builders FirstSource, Inc..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

Effective November 18, 2022, the Board appointed Dave Rush to serve as Interim Chief Executive Officer and as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Flitman resigned as President and Chief Executive Officer at Builders FirstSource, Inc..

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

Effective November 18, 2022, Dave Flitman resigned from his position as President and Chief Executive Officer and as a member of the Board of Directors (the “Board”) of Builders FirstSource, Inc.

View on SEC.gov

Builders FirstSource, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-025665

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